Murphy Oil Corporation reported a net loss of $3.0 million for the third quarter of 2025, or $0.02 per diluted share, primarily due to a significant impairment of assets. Despite the net loss, the company achieved a sequential increase in total production to 200,383 BOEPD and net crude oil production to 94,067 BOPD, outperforming guidance. Murphy also reduced debt by $50 million and generated $218.8 million in free cash flow.
Murphy Oil Corporation delivered solid operational results in the second quarter of 2025, with production outperforming guidance due to strong new well productivity and continued workover progress. The company reported a net income of $22.3 million and returned $46 million to shareholders through dividends.
Murphy Oil Corporation reported a net income of $73 million for the first quarter of 2025, with an adjusted net income of $81 million. The company made a second oil discovery in offshore Vietnam, repurchased $100 million in shares, and acquired a floating production storage and offloading vessel.
Murphy Oil Corporation reported a net income of $50 million for Q4 2024, with adjusted net income at $51 million. The company drilled an oil discovery in Vietnam and repurchased $300 million of shares in 2024. They also increased the dividend by 8 percent for 2025.